How FEMSA Is Building Mexico's Everyday Economy--From Convenience Stores To Digital Banking:

For the past three years, Mexico’s investment story has been dominated by one word: nearshoring. Global manufacturers have poured billions of dollars into the country, relocating production closer to the United States as supply chains shifted away from Asia. Automotive companies are expanding electric vehicle production, electronics manufacturers are increasing capacity, and industrial developers continue building factories across northern and central Mexico. Yet many investors overlook an important consequence of this manufacturing boom. Factories do not generate shareholder returns on their own. People do. Every new production facility creates thousands of jobs, and every paycheck eventually finds its way into the consumer economy. Workers buy groceries ...